The Dance Studio Industry A lot more Trendy Than Ever
Today’s constant flow of young, middle-aged, and elderly Americans to their local dance studio is no misstep. Many see dancing as an appealing tactic to physical fitness, and millions more have been drawn to the flash, dash, and fun of it by such television shows as “Dancing with the Stars” and “So You Think You Can Dance.”
New Cast of Stars
No longer is dancing on TV reduced to remnants among the Lawrence Welk show. Faces of contemporary dancing performers are people Maksim Chmerkovskiy, Julianne Hough, and Karina Smirnoff, as well as others. The impression they’ve made is that viewers, too, can be taught to dance – and do so with a strut, flair, and ego.
Trends for that Future
Dancing studios that offer Latin-inspired, ballroom, and fusion classes, in particular, have benefited through the trend. Furthermore, baby boomers are for you to fuel it for as a minimum the next five years, especially in classes for ballroom walking normally.
According to Angela Prince, director of public relations for USA Dance, the recognition of ballroom and Latin dancing recently been growing since about 2500. Television shows have boosted, not created, the trend, she supposed.
“Dancing With the Stars” is said to have done for ballroom dancing what “Saturday Night Fever” did for disco decades just before.
Mood Enhancement
All this, plus dancing makes people feel good – even during challenging times. By reducing tension and stress, dancing naturally produces a general sense of well-being. Moreover, dancing for a social endeavor provides the possiblility to meet other people, enhance an individual’s social skills, and increase self-confidence.
Physical Fitness
Most kinds of dancing require stretching, bending, starting, and stopping, every single one of which enhance flexibility. Dancing forces muscles to resist and control body weight, and virtually all forms of it, from ballet to ballroom, makes the dancer bigger.
Like tennis, jogging, or weight lifting, dancing builds one’s endurance by forcing the heart, lungs, and muscles to work harder and longer without fatigue.
Survival and Future Expansion
Although many industries suffered in the wake within the 2008 recession, the dance studio industry not only survived but expanded inside last a few years. According to the IBIS World report of January 2015, the annual revenue of dancing studios since 2010 grew by 2.9 percent, with more than 8,500 businesses now employing more than 50,000 people.
The report estimates these kinds of studios will generate $2 billion in revenue this year. In the next five, improving economic conditions and increased consumer spending on recreational activities is in order to expand a even a lot more.
No Dominant Company or Companies
The dance studio marketplace is highly fragmented. According to your latest Economic Census, before 2000.9 percent of its studios operate because of a single establishment. Each caters to and serves its local market, leaving national franchises with less than 3 percent of nationwide marketplace.
In 2015, almost 75 percent of the industry’s revenue income is predicted to come from tuition for general dancing classes, and nonprofit organizations will bring another several.2 percent.
No longer are Americans content to look after dancing on TV, or from the sting of a ballroom room. As the numbers reveal, more people than ever want to dance, or at least try.
Tropical Soul Dance Studio
1/45 Oxford St, Darlinghurst NSW 2010, Australia
+61 422 875 555
